XML 69 R64.htm IDEA: XBRL DOCUMENT v2.4.0.8
Guarantor Financial Information - Condensed consolidating statement of income and comprehensive income (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues    
Premiums Earned, Net $ 859,780 $ 752,770
Net investment income 66,994 65,672
Net realized gains 19,697 58,340
Net impairment losses recognized in earnings (2,971) (2,246)
Other underwriting income 1,582 538
Equity in net income of investment funds accounted for using the equity method 3,253 13,823
Other income (loss) (2,104) 1,244
Total revenues 946,231 890,141
Expenses    
Losses and loss adjustment expenses 436,240 399,403
Acquisition expenses 160,342 127,592
Other operating expenses 145,799 120,183
Interest expense 14,404 5,898
Net foreign exchange losses (gains) 6,563 (24,264)
Total expenses 763,348 628,812
Income (loss) before income taxes 182,883 261,329
Income tax expense (benefit) (3,738) (4,853)
Income Loss Net Of Income Taxes And Before Equity In Net Income Of Subsidiaries 179,145 256,476
Income (Loss) from Subsidiaries, Net of Tax 0 0
Net income 179,145 256,476
Net (income) loss attributable to noncontrolling interests 3,355 [1] 0 [1]
Net income available to Arch 182,500 256,476
Preferred dividends (5,484) (5,484)
Net income available to Arch common shareholders 177,016 250,992
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 231,255 199,022
Reportable Legal Entities | ACGL (Parent Guarantor)
   
Revenues    
Premiums Earned, Net 0 0
Net investment income 0 0
Net realized gains 0 0
Net impairment losses recognized in earnings 0 0
Other underwriting income 0 0
Equity in net income of investment funds accounted for using the equity method 0 0
Other income (loss) 0 0
Total revenues 0 0
Expenses    
Losses and loss adjustment expenses 0 0
Acquisition expenses 0 0
Other operating expenses 10,307 9,942
Interest expense 5,853 5,820
Net foreign exchange losses (gains) 0 0
Total expenses 16,160 15,762
Income (loss) before income taxes (16,160) (15,762)
Income tax expense (benefit) 0 0
Income Loss Net Of Income Taxes And Before Equity In Net Income Of Subsidiaries (16,160) (15,762)
Income (Loss) from Subsidiaries, Net of Tax 198,660 272,238
Net income 182,500 256,476
Net (income) loss attributable to noncontrolling interests 0 [1] 0
Net income available to Arch 182,500 256,476
Preferred dividends (5,484) (5,484)
Net income available to Arch common shareholders 177,016 250,992
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 231,255 199,022
Reportable Legal Entities | Arch-U.S. (Subsidiary Issuer)
   
Revenues    
Premiums Earned, Net 0 0
Net investment income 0 0
Net realized gains 0 0
Net impairment losses recognized in earnings 0 0
Other underwriting income 0 0
Equity in net income of investment funds accounted for using the equity method 0 0
Other income (loss) 0 0
Total revenues 0 0
Expenses    
Losses and loss adjustment expenses 0 0
Acquisition expenses 0 0
Other operating expenses 977 777
Interest expense 6,514 3
Net foreign exchange losses (gains) 0 0
Total expenses 7,491 780
Income (loss) before income taxes (7,491) (780)
Income tax expense (benefit) 2,788 235
Income Loss Net Of Income Taxes And Before Equity In Net Income Of Subsidiaries (4,703) (545)
Income (Loss) from Subsidiaries, Net of Tax 22,152 18,482
Net income 17,449 17,937
Net (income) loss attributable to noncontrolling interests 0 [1] 0
Net income available to Arch 17,449 17,937
Preferred dividends 0 0
Net income available to Arch common shareholders 17,449 17,937
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 17,220 6,152
Reportable Legal Entities | Other ACGL Subsidiaries
   
Revenues    
Premiums Earned, Net 859,780 752,770
Net investment income 77,001 72,322
Net realized gains 19,697 58,340
Net impairment losses recognized in earnings (2,971) (2,246)
Other underwriting income 1,582 538
Equity in net income of investment funds accounted for using the equity method 3,253 13,823
Other income (loss) (2,104) 1,244
Total revenues 956,238 896,791
Expenses    
Losses and loss adjustment expenses 436,240 399,403
Acquisition expenses 160,342 127,592
Other operating expenses 134,515 109,464
Interest expense 12,044 6,725
Net foreign exchange losses (gains) 5,741 (12,772)
Total expenses 748,882 630,412
Income (loss) before income taxes 207,356 266,379
Income tax expense (benefit) (6,526) (5,088)
Income Loss Net Of Income Taxes And Before Equity In Net Income Of Subsidiaries 200,830 261,291
Income (Loss) from Subsidiaries, Net of Tax 0 0
Net income 200,830 261,291
Net (income) loss attributable to noncontrolling interests 3,355 [1] 0
Net income available to Arch 204,185 261,291
Preferred dividends 0 0
Net income available to Arch common shareholders 204,185 261,291
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 252,119 215,329
Consolidating Adjustments and Eliminations
   
Revenues    
Premiums Earned, Net 0 0
Net investment income (10,007) (6,650)
Net realized gains 0 0
Net impairment losses recognized in earnings 0 0
Other underwriting income 0 0
Equity in net income of investment funds accounted for using the equity method 0 0
Other income (loss) 0 0
Total revenues (10,007) (6,650)
Expenses    
Losses and loss adjustment expenses 0 0
Acquisition expenses 0 0
Other operating expenses 0 0
Interest expense (10,007) (6,650)
Net foreign exchange losses (gains) 822 (11,492)
Total expenses (9,185) (18,142)
Income (loss) before income taxes (822) 11,492
Income tax expense (benefit) 0 0
Income Loss Net Of Income Taxes And Before Equity In Net Income Of Subsidiaries (822) 11,492
Income (Loss) from Subsidiaries, Net of Tax (220,812) (290,720)
Net income (221,634) (279,228)
Net (income) loss attributable to noncontrolling interests 0 [1] 0
Net income available to Arch (221,634) (279,228)
Preferred dividends 0 0
Net income available to Arch common shareholders (221,634) (279,228)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $ (269,339) $ (221,481)
[1] See Note 4.